Ripple’s chief legal officer has welcomed a court ruling confirming that XRP is not a security, though Ripple will pay a $125 million fine related to historical sales. Ripple hopes to avoid further legal action as it focuses on business growth.
SanyaThe crypto exchange is pursuing an appeal following a recent court decision that denied its motion to dismiss, specifically targeting the SEC's authority to classify secondary trades as investment contracts.
CatherineCoinbase files for an interim appeal in its legal battle with the SEC, aiming to challenge the regulator's classification of digital asset transactions as investment contracts. If successful, this move could have significant implications for the U.S. crypto sector.
MiyukiDouble blessings! SEC’s motion to file an interlocutory appeal against Ripple has been denied and the latter has achieved a significant milestone by obtaining a major payments institution license from the MAS.
KikyoLegal expert John Deaton suggests the SEC's challenge could be complex given the nuances of the Howey Test.
BeincryptoThe U.S Securities and Exchange Commission (SEC) is reportedly asking a federal judge to pay...
dailyhodlSEC lawyers previewed a likely appeal to overturn portions of last week’s Ripple Labs in a separate enforcement case against TerraUSD and Luna creators Do Kwon and Terraform Labs.
TheBlockAnalysts saw a federal judge’s split decision in the Securities and Exchange Commission’s case against Ripple as a ‘wake-up call’ for the SEC, though the decision could be reversed on appeal. The extent of the decision’s impact beyond Ripple’s case remains to be seen, as the judge declined to rule that some of Ripple’s sales of XRP violated securities law, though sales to institutional investors did.
TheBlockIn the ongoing legal case between the SEC and Ripple Labs, the commission declared XRP as a security.
BitcoinistAs the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense.
Cointelegraph